The Tuttle Capital Concentrated Memory Stack ETF (HBMX) has gained exposure to ChangXin Memory Technologies (CXMT), a leading Chinese memory chip producer critical to AI infrastructure. CXMT, which recently debuted on the Shanghai exchange with a $488 billion valuation, is inaccessible to most U.S. investors due to its China A-share status and lack of a U.S.-listed ADR. HBMX accesses CXMT through a total return swap, fitting its strategy of investing in memory-semiconductor companies via derivatives. This move allows U.S. investors to tap into a fast-growing segment of the memory market pivotal for AI technology, despite regulatory and market access barriers.
Under Armour reported Q1 earnings with an EPS of $0.05, beating analyst estimates of $0.02 by 150%. However, revenue fell 3% year-over-year to $1.1 billion, slightly below expectations, mainly due to a 9% decline in North American sales. Internationa...
National Energy Services Reunited Corp. (NESR) is set to release its Q2 2026 earnings on August 10, with analysts expecting earnings per share of $0.35 and revenue of $448.54 million. The company recently secured $300 million in new five-year contrac...
Truist Financial raised Parker-Hannifin's price target to $1,358, reflecting a potential 25.78% upside after the company reported strong Q4 FY2026 adjusted earnings of $9.27 per share, beating estimates and showing 21% growth year-over-year. Sales hi...
RBC Capital increased its price target for RioCan to C$25.00 and maintained an "Outperform" rating, reflecting confidence in the REIT's strong operational performance. RioCan reported a high retail occupancy rate of 98.80% and a 6.10% rise in net inc...
Morgan Fong, the Chief Legal Officer of Maplebear, sold 18,390 shares of the company, generating $815,400 in proceeds. This insider sale may indicate personal financial planning or a shift in confidence, which investors often watch closely. The trans...
